The Ethereum Foundation (EF) has made a major move by depositing a total of 49,200 ETH into various DeFi platforms. According to on-chain data, EF transferred 4,200 ETH to Compound, 10,000 ETH to Aave, and a massive 30,800 ETH to Spark. Another 4,200 ETH was later added to the Compound. This comes after the community suggested that EF should generate funds through DeFi interest rather than selling ETH directly. The move signals a strategic shift, leveraging DeFi protocols to earn passive income while keeping their holdings intact. With Ethereum’s price volatility, this decision could help sustain funding without impacting market liquidity.
Amid the bearish market sentiment, Cardano's (ADA) price prediction has become a key topic among…
Bitcoin is about to close the monthly trade on a bearish note, which may hinder…
Shiba Inu(SHIB) has been making headlines, especially with its recent development. It has started flashing…
Solana experienced an extraordinary surge, leaving many wishing they had invested sooner. Now, four small…
The crypto markets have been facing a massive pullback over the past couple of days,…
The last few days of March have brought a sharp decline to the crypto market.…
